Press Release

Non-Toxic Nail Polish Market to Grow with a CAGR of 5.2% Globally through 2028

Growing demand for safer beauty products and increasing demand for sustainable and eco-friendly formulations are driving the Global Non-Toxic Nail Polish Market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Non-Toxic Nail Polish Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Non-Toxic Nail Polish Market stood at USD 1.99 Billion in 2022 and is anticipated to grow with a CAGR of 5.2% in the forecast period, 2024-2028. The global non-toxic nail polish market is experiencing significant growth, reflecting a broader shift in consumer preferences towards safer and more eco-friendly beauty products.

One of the primary drivers of the global non-toxic nail polish market is the increasing consumer awareness of the potential health risks associated with conventional nail polishes. Traditional nail polishes often contain harmful chemicals like formaldehyde, toluene, and dibutyl phthalate (DBP), which can lead to various health issues, including skin irritations and allergies. As consumers become more educated about these risks, they are seeking non-toxic alternatives that do not compromise their health.

 

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The broader trend towards clean and safe beauty products has had a significant impact on the non-toxic nail polish market. Consumers are now more discerning, seeking products that are free from harmful chemicals and toxins. Non-toxic nail polishes offer a safer choice, appealing to individuals who prioritize their well-being. This demand is further amplified by concerns about environmental sustainability, as non-toxic nail polishes are often produced with a lower environmental footprint.

The non-toxic nail polish market has seen substantial innovation in product formulations. Manufacturers are investing in creating non-toxic nail polishes that match or even surpass the performance of traditional nail polishes. This includes vibrant color options, extended wear, and chip resistance, addressing concerns that non-toxic alternatives may not provide the same quality. Brands have also introduced water-based, odorless formulas and nail treatments that nourish and strengthen nails. These innovations contribute to making non-toxic nail polishes not only safe but also stylish and effective.

Geographically, the non-toxic nail polish market shows promising growth in North America and Europe. The United States, in particular, is a significant market, driven by an ever-expanding consumer base concerned with health and environmental sustainability. However, emerging markets in Asia-Pacific and Latin America are also witnessing increasing adoption as consumers in these regions become more health-conscious and eco-aware. This regional diversification indicates the global nature of the non-toxic nail polish market and its potential for widespread acceptance.

Government regulations and safety standards within the cosmetics industry have become more stringent, bolstering the growth of non-toxic nail polish products. Regulatory agencies in various countries have implemented guidelines to ensure the safety of beauty products, leading to restrictions on certain harmful chemicals in nail polish formulations. This regulatory support provides a level playing field for non-toxic nail polish brands and motivates consumers to adopt safer alternatives. Moreover, certifications and labeling programs have emerged to help consumers identify genuinely non-toxic products, contributing to the market's growth.

In conclusion, the global non-toxic nail polish market is thriving, driven by rising consumer awareness of health and environmental concerns, the demand for safer beauty products, innovative product formulations, regional growth, and the support of regulatory standards. As the beauty industry continues to prioritize cleaner and more sustainable products, non-toxic nail polishes are well-positioned for sustained growth, offering consumers a safe and stylish choice for nail care. This market overview highlights the momentum behind the shift to non-toxic alternatives in the nail polish industry.

The Global Non-Toxic Nail Polish Market is segmented into finish, sales channel, regional distribution, and company.

Based on finish the market is segmented into glossy, matte, glitter, and others. The global non-toxic nail polish market is witnessing a growing demand for matte finish nail polishes. Matte nail polishes, known for their velvety, non-glossy texture, have gained immense popularity due to their unique aesthetic appeal and non-toxic formulation. This trend reflects consumer preferences for a sleek and understated look while also emphasizing the importance of safety. The matte finish's rising demand has prompted non-toxic nail polish brands to expand their matte color options, making it a prominent trend in the market.

Based on sales channel the market is segmented into hypermarket/supermarkets, retail stores, beauty salon, online, others.

Based on region the market is segmented into five regions, North America, Europe, Asia Pacific, Middle East & Africa, and South America.

 

Major companies operating in Global Non-Toxic Nail Polish Market are:

  • Kosé Corporation
  • Orly International Inc
  • Smith & Cult, LLC
  • Kure Bazaar SAS
  • NBY London Ltd.
  • Pacifica Companies
  • Art of Beauty Inc
  • Cienna Rose Limited
  • Butter London, LLC   
  • Honeybee Gardens Inc.

 

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“Continuous innovation in non-toxic formulations products is a significant trend that is expected to have an impact on growth over the forecasted period. Growing demand for safer beauty products and increasing demand for sustainable and eco-friendly formulations and increased transparency and ingredient disclosure will positively impact the Global Non-Toxic Nail Polish Market. Due to the wide range of products available to meet specific needs of, as well as the growing popularity of the online sales channel, the market is growing at impressive rate through projected period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Non-Toxic Nail Polish Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Finish (Glossy, Matte, Glitter, Others), By Sales Channel (Hypermarket/Supermarkets, Retail Stores, Beauty Salon, Online, Others), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Non-Toxic Nail Polish Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Non-Toxic Nail Polish Market.

 

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Non-Toxic Nail Polish Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Finish (Glossy, Matte, Glitter, Others), By Sales Channel (Hypermarket/Supermarkets, Retail Stores, Beauty Salon, Online, Others), By Region, By Competition, 2018-2028

Consumer Goods and Retail | Nov, 2023

Growing demand for safer beauty products and increasing demand for sustainable and eco-friendly formulations are driving the Global Non-Toxic Nail Polish Market in the forecast period 2024-2028.

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